BSE Remained on its Downtrend after the Failure of the 11th Presidential Election

After the failure of the 11th presidential election due to a lack of quorum, the Beirut Stock Exchange (BSE) remained on its downtrend for the 3rd day in a row. The BLOM Stock Index (BSI) lost 0.16% to settle at 1,186.19 points. The real estate sector grasped a share of 64.71% of total traded value; with Solidere “B” shares decreasing by 0.16%, to $12.51, while class “A” shares were traded at their previous closing price of $12.51. In the banking sector, Audi listed shares lost 1.31% to $6.01. In contrast, Byblos listed and preferred shares 2008 added 0.62% and 0.10% to $1.63 and $100.60, respectively.